China: Vegan Market to Rise by More Than 17% from 2015 to 2020

As the population in China continues to grow exponentially, currently approaching 1.4 billion, its consumer habits and key trends are evolving in new directions. The Chinese food service industry is now having to cater for changing tastes which are increasingly favouring plant-based options more than ever before.

Using GlobalData, Verdict Foodservice found that the Chinese food industry is rapidly changing, and that Chinese consumers are being influenced by the global trend towards healthy eating. Organic food is becoming more and more popular, and as the public levels of awareness into food safety issues are on the increase, the foodservice industry is offering organic menus more frequently.

The data revealed most interestingly, that: “Veganism has also become more popular among the Chinese food industry; according to statistics from South China Morning Post (data from 2017) the vegan market is expected to rise by more than 17% from 2015 to 2020.” This implies a vegan population of over 200 million by 2020.

Just this week, KFC has released a meatless burger in China, although the product is at this point vegetarian rather than fully vegan. Oatly ice cream also launched in mainland China this May, as did plant-based egg alternative JUST egg. Vegconomist will continue to report on the vegan market in China.

In the United States… … ten thousand business readers, just like you, rely on our reporting for their competitive edge in information they need to know about the markets and their competitors, the industry at large and emerging trends. Tens of thousands of readers more in Europe, Asia and in a total of 150 countries read vegconomist every month, the first and only global vegan business magazine. And unlike many other business magazines, we have chosen to make our content available to everyone, whether they are a CEO or a startup-owner. But we need your ongoing support to continue and expand our work. Every contribution, big or small, counts.